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Josh Owens is the Content Director at Oilprice.com and a veteran energy journalist with over a decade of experience overlaying international power markets and geopolitics.… The United Arab Emirates (UAE) produced four.1 million barrels per day (bpd) of crude oil in June, its highest output ever, based on estimates Crude prices had erased most of their wartime features as barrels returned to the market and fears of oversupply resurfaced. Iran is estimated to have sneaked supertankers with a complete of 12 million barrels of crude oil in the week between the top of the united states waiver on Iranian oil…
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